The Quarto Group Inc.
("Company", "Quarto" or "Group")
Amalgamation of Stock Lines and Total Voting Rights
The Quarto Group Inc., the illustrated book publisher and distribution group announces that it has applied to the London Stock Exchange to merge the 20,444,550 restricted ordinary shares of $0.10 each with the ticker QRTR and identified under ISIN USU748092009 ("Reg S Shares") with the Company's unrestricted ordinary shares of $0.10 each with the ticker QRT and identified under ISIN US74772E1001 ("Ordinary Shares" and the "Share Merge").
In order to effect the Share Merge, the Company has applied for the 20,444,550 Reg S Shares to be cancelled effective as of 8.00 a.m. on 9 March 2021 ("Cancellation") and has applied for 20,444,550 Ordinary Shares to be admitted to trading on its Main Market for listed securities ("Admission"). It is expected that Admission will become effective and that dealings will commence in the New Common Shares at 8.00 a.m. on 9 March 2021.
As a consequence the Depositary Interest Facility, operated with Link Group, in relation to the restricted line with the ticker QRTR and identified under ISIN USU748092009 and SEDOL BKX9B55, will terminate with effect from close of business on 08 March 2021.
The Directors believe that it is in the best interests of the Company and its shareholders to simplify the shareholding structure of the Company and to have a single trading line for Ordinary Shares. The Company has applied to the London Stock Exchange for this to take place from 9 March 2021. From this date onwards all Quarto Ordinary Shares will trade under the following identifying codes: ISIN US74772E1001, TIDM QRT and SEDOL 0715661.
New share certificates for the QRT line of stock will be sent to certificated shareholders previously holding the QRTR line of stock by 23 March 2021.
Total voting rights update
Notification under Rule 5.6.1 Financial Conduct Authority Disclosure and Transparency Rules:
As a result of the Share Merge, the Company's issued share capital at 9 March 2021 remains unchanged at 40,889,100 Ordinary Shares with voting rights admitted to trading. The Company holds no Ordinary Shares in Treasury.
Therefore, the total number of voting rights in the Company is 40,889,100. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
The Legal Identifier of Quarto is 549300BJ2WPX3QUATW58.
For further information, please contact:
| The Quarto Group, Inc. | |
| Michael Clarke, Company Secretary | +44 (0)20 7700 6700 |
About The Quarto Group
The Quarto Group (LSE: QRT) creates a wide variety of books and intellectual property products, with a mission to inspire life's experiences. Produced in many formats for adults, children and the whole family, our products are visually appealing, information rich and stimulating.
The Group encompasses a diverse portfolio of imprints and businesses that are creatively independent and expert in developing long-lasting content across specific niches of interest.
Quarto sells and distributes its products globally in over 50 countries and 40 languages, through a variety of sales channels, partnerships and routes to market.
Quarto employs c.300 talented people in the US and the UK. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.
For more information, visit quarto.com or follow us on Twitter at @TheQuartoGroup.
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